Target Corporation (TGT)
Profitability ratios
Return on sales
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 4.79% | 4.12% | 3.85% | 21.54% | 38.58% | -8.60% | 9.22% | 8.62% | 8.30% | 14.56% | 11.78% | 10.22% | 5.96% | 14.53% | -3.78% | -24.87% | -43.31% | 5.32% | 5.14% | 4.94% |
| Operating profit margin | 5.34% | 4.70% | 4.38% | 3.52% | 3.54% | 4.42% | 5.37% | 7.43% | 8.44% | 8.41% | 8.64% | 8.66% | 7.06% | 6.73% | 5.90% | 5.01% | 6.00% | 5.93% | 5.75% | 5.55% |
| Pretax margin | 4.95% | 4.28% | 3.93% | 3.10% | 3.15% | 4.06% | 5.02% | 7.08% | 8.41% | 8.35% | 8.03% | 8.02% | 5.99% | 5.55% | 5.32% | 4.40% | 5.41% | 5.39% | 5.20% | 4.99% |
| Net profit margin | 3.87% | 3.41% | 3.14% | 2.50% | 2.56% | 3.18% | 3.93% | 5.50% | 6.56% | 6.57% | 6.33% | 6.34% | 4.72% | 4.36% | 4.18% | 3.48% | 4.23% | 4.20% | 4.13% | 3.98% |
Target Corporation's profitability ratios have fluctuated over the past few quarters. The gross profit margin has shown significant variation, with a low of -43.31% in February 2020, likely due to extraordinary circumstances. However, the most recent figure of 4.79% indicates improvement.
The operating profit margin has been relatively stable, with a slight increase from 5.01% in May 2020 to 5.34% in February 2024. This suggests consistent operational efficiency in generating profits from sales.
The pretax margin has also displayed stability, hovering around the 4-8% range over the past few quarters. This indicates that Target has been effectively managing its expenses and taxes relative to its earnings.
Finally, the net profit margin has shown a slight upward trend, indicating improved profitability after a dip in early 2020. The current margin of 3.87% in February 2024 reflects Target's ability to generate profit after accounting for all expenses, including interest and taxes.
Overall, Target Corporation's profitability ratios suggest a mix of stable operational performance and improving profitability, demonstrating the company's ability to adapt to changing market conditions while maintaining solid financial health.
Return on investment
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.31% | 8.89% | 8.84% | 7.34% | 7.21% | 8.60% | 11.00% | 15.57% | 16.62% | 15.97% | 16.76% | 16.73% | 12.76% | 11.65% | 10.35% | 8.91% | 10.89% | 10.47% | 10.57% | 10.35% |
| Return on assets (ROA) | 7.48% | 6.46% | 6.34% | 5.22% | 5.21% | 6.20% | 8.05% | 11.52% | 12.91% | 12.46% | 12.28% | 12.25% | 8.52% | 7.54% | 7.34% | 6.18% | 7.67% | 7.42% | 7.59% | 7.42% |
| Return on total capital | 43.17% | 40.58% | 39.78% | 33.49% | 34.69% | 43.97% | 55.01% | 73.99% | 72.72% | 65.51% | 60.28% | 58.79% | 45.17% | 43.97% | 39.35% | 35.59% | 39.54% | 40.14% | 37.56% | 38.19% |
| Return on equity (ROE) | 30.81% | 29.02% | 28.13% | 23.45% | 24.75% | 31.29% | 39.88% | 54.37% | 54.15% | 49.13% | 42.45% | 41.32% | 30.25% | 28.70% | 28.00% | 24.80% | 27.73% | 28.12% | 26.65% | 27.12% |
Target Corporation's profitability ratios have shown fluctuations over the periods analyzed. The operating return on assets (Operating ROA) ranged from 7.21% to 16.76% during the period. The return on assets (ROA) also varied, ranging from 5.21% to 12.91%. Return on total capital exhibited significant variations, with a range of 33.49% to 73.99%. Return on equity (ROE) fluctuated between 23.45% and 54.37%.
Overall, the profitability ratios indicate that Target has been generating favorable returns on its assets, capital, and equity. The company has shown a consistent ability to generate profits relative to its assets and capital employed, with fluctuations in performance over the periods analyzed. Target's return on equity has been relatively strong, reflecting the profitability of the company for its shareholders. Across the periods, there have been both improvements and declines in profitability metrics, showcasing the dynamic nature of Target's financial performance.